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MondayJan 14, 2008 5:01 am

The Week in Review for January 14, 2008

All stock market averages fell last week, with the exception of the NYSE Healthcare Index and NASDAQ’s Insurance Index. The Dow Jones Average was off almost 194 points to close at 12606. The S&P 500 was off 11 points to 1401 and the NASDAQ Composite dropped 65 points to close at 2440. The market internals looked worse than these aggregates. The number of new lows (2,081) were a whopping 7-times the number of new highs (267). Down-volume on all exchanges was 25% more than up-volume and of the 8,333 issues traded on the three major stock exchanges, issues trading down…

SundayJan 13, 2008 5:10 pm

Biomoda, Inc (BMOD.OB) Hires Senior Scientist

Biomoda, Inc (BMOD.OB) announced that the company has elected Dr. Stephen M. Gomez to serve as a Senior Research Specialist. Dr. Gomez will be focused on the company's efforts to commercialize their assay for the early detection of lung cancer. Recently, Dr. Gomez was employed by Lovelace Respiratory Research Institute in Albuquerque as a Research Scientist. Dr. Gomez also served as an instructor of genetics at the University of New Mexico and as a consultant to national scientific laboratories. John Cousins, President of Biomoda, commented, "Dr. Gomez's experience and expertise in molecular, cell and development biology is of particular importance…

SundayJan 13, 2008 5:10 pm

Jade Art Group, Inc. (JADG.OB) Announces the Formation of a New Subsidiary

Jade Art Group, Inc (JADG.OB) a leading manufacturer of both hand carved and machine carved wood products in China, announced the formation of a new subsidiary. This subsidiary will be titled 'Jiangxi SheTai Jade Industrial Company, Ltd' and will be nicknamed JST. JST's business will involve the processing and sale of jade and jade-carved artwork. The subsidiary will be located in Jiangxi Yujiang, China, a major collection and distribution center for such products. By forming JST, Jade Art Group expects to benefit from the strong demand for traditional jade jewelry and artwork in China. Hua-Cai Song, CEO of Jade Art…

SundayJan 13, 2008 5:08 pm

Dialysis Corporation of America (DCAI) Announces Plans to Expand to Southeast Indiana

Dialysis Corporation of America (DCAI), located in Linthicum, Maryland, announced in September 2007 its plans to expand into southeast Indiana to develop a new center in partnership with a local nephrologist. The center, anticipated to have 12 stations and a capacity of caring for up to 60 end-stage renal disease (ESRD) patients, will be initially owned by the physician with the company under contract for management. The company will have the right to purchase controlling interest in the center at a future date. Dialysis partners with physicians and hospitals to provide the needed balance to consistently deliver high quality care…

SundayJan 13, 2008 11:57 am

Titan Global Holdings, Inc (TTGL.OB) Affirms Open Market Buy Back Plan

Titan Global Holdings, Inc (TTGL.OB), a high-growth diversified holding company, updated shareholders regarding their previously announced 4 million share open market buyback plan. As of Friday, Titan has repurchased 1,178,557 shares of common stock during open market hours at an average price of $1.37 per share. As of December 31, 2007, Titan had 2,000 shareholders on record. On January 9, 2008, Titan's stock closed at $0.94 per share. Titan's stock reached a 52 week high of $2.35 per share on October 18, 2007. David Marks, Chairman of Tital Global Holdings, commented, "Titan's management, directors, and strategic investors view our share…

SundayJan 13, 2008 11:56 am

Index Oil and Gas, Inc (IXOG.OB) Announces First Gas and Condensate Sales from Shadyside, plus First Gas Sales from Hawkins

Index Oil and Gas, Inc (IXOG.OB) announced that the company's Shadyside 1 well, located in Saint Mary's Parish, Louisiana, has been connected to their sales pipeline network. As a result, this well is flowing at an initial rate of approximately 1.6 million cubic feet of gas per day. However, Index Oil seeks to increase production rates in a gradual manner during year 2008. Furthermore, Index's Hawkins 1 well has also been connected to their sales pipeline network. Initially, this well is flowing at a rate of approximately 0.55 million cubic feet of gas per day. Lyndon West, CEO of Index,…

SundayJan 13, 2008 11:55 am

Nextera Enterprises, Inc (NXRA.OB) Announces Initial New Product Shipments and Financial Covenant Compliance

Nextera Enterprises, Inc (NXRA.OB) announced that their wholly owned subsidiary, Woodridge Labs, Inc, has begun initial shipments of their new product initiatives to varying national retail chains. Woodridge Labs is an independent developer and marketer of branded consumer products. These new product initiatives, developed in 2007, include Skin Appetit – a leading nutritionally-based skin care line. Skin Appetit was developed by renowned nutritionist Keri Glassman to counteract the effects of aging. Furthermore, Skin Appetit products are formulated with an exclusive Nutrx8Complex which contains eight extracts including blueberries, cantaloupe, red grapes, creamy yogurt, wild honey, figs, walnuts and dark cocoa chocolate,…

SundayJan 13, 2008 11:54 am

RemoteMDx, Inc (RMDX.OB) Subsidiary Selects the Borenstein Group as PR Agency

SecureAlert, a subsidiary of RemoteMDx, Inc. (RMDX.OB), announced that the company has retained The Borenstein Group as their public relations agency of record. The Borenstein Group is a leading, integrated marketing and public relations firm that will assist SecureAlert's national footprint in the law enforcement and homeland security arenas. James Dalton, CEO of SecureAlert and President of RemoteMDx, commented, "Poised for growth with our robust GPS-enabled technologies and our newly upgraded monitoring center, we sought an agency that could catapult our brand to the next level. We were impressed by The Borenstein Group's unique expertise in public sector marketing and…

SundayJan 13, 2008 5:53 am

StockGuru Blog: IDGLOBAL (IDGJ) – Unlimited Need for IDGJ as it Prepares to Go on the OTCBB

StockGuru Profile - IDGlobal - Blogs and Alerts - News and Quotes I believe a company moving from the Pink Sheets to the OTCBB is always good for investors and that’s what IDGJ is doing. With today’s release regarding the first three quarters’ revenue up 759 percent in 2007 over 2006 revenue, this is no big surprise! Financial transparency is crucial for a company’s growth and that’s what we have here. Providing counterfeiting detection systems is more important than ever. I do not like to bash other countries but I would like to point out that China — the number…

SaturdayJan 12, 2008 5:46 pm

Yamana Gold Inc. (AUY) Tender Offer for Meridian Gold Successfully Accepted by Northern Orion Shareholders

Northern Orion Resources Inc. (NTO), founded in 1986 and based in Vancouver, British Columbia, Canada, is one of the world's lowest-cost copper and gold producers. The company’s goal is to increase share value by transforming world class deposits into world class returns and making accretive acquisitions that leverage the company to the upside potential of copper and gold while minimizing dilution. In August 2007, Northern announced that it had approved the Plan of Arrangement with Yamana Gold Inc. (AUY) at a special meeting of Northern Orion shareholders held in Vancouver. Yamana Gold Inc. is a Canadian gold producer with significant…

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